Olinick corporation is considering a project that would require an investment of $343,000 and would last for 8 years. the incremental annual revenues and expenses generated by the project during those 8 years would be as follows (ignore income taxes.): sales $227,000 variable expenses 52,000 contribution margin 175,000 fixed expenses: salaries 27,000 rents 41,000 depreciation 40,000 total fixed expenses 108,000 net operating income 67,000 the scrap value of the project's assets at the end of the project would be $23,000. the cash inflows occur evenly throughout the year. the payback period of the project is closest to: multiple choice a. 3.0 years b. 5.1 years c. 3.2 years d. 4.8 years

Classifying inflows and outflows of cash classify each of the following items as an inflow (i) or an outflow (o) of cash, or as neither (n). lg 2 lg 2 item change ($) item change ($) cash +100 accounts receivable −700 accounts payable −1,000 net profits +600 notes payable +500 depreciation +100 long-term debt −2,000 repurchase of stock +600 inventory +200 cash dividends +800 fixed assets +400 sale of stock +1,000

Palmer frosted flakes company offers its customers a pottery cereal bowl if they send in 3 boxtops from palmer frosted flakes boxes and $1. the company estimates that 60% of the boxtops will be redeemed. in 2012, the company sold 675,000 boxes of frosted flakes and customers redeemed 330,000 boxtops receiving 110,000 bowls. if the bowls cost palmer company $3 each, how much liability for outstanding premiums should be recorded at the end of 2012?

Which of the following businesses is most likely to disrupt an existing industry? a. closer connex developed an earphone that receives emails and text messages and converts them to voice messages. the first models had poor reception, but they rapidly improved over time. b. mega technologies reconfigured the components used in its touchscreen tablets to create a new type of wearable device for use in restaurants and other service industries. c. particle inc. developed a teleportation technology that can transport physical materials instantaneously across great distances. d. altrea added advanced camera technology to its premium line of smartphones so that they would take the highest-quality photos of all phones on the market.